Managerial economics theory and practice phần 5 pptx

... expressionTC Q Q=++100 5 0 022.TCeconomic= $1 25 TR P Q==()=*$i 25 5 1 25 QQPPPQDS=-=+==+()=+ =3 000 60 50 0 40 25 500 40 25 500 1 000 1 50 0,*$*,,QPQPDs=-=+3 000 60 50 0 40,p= ... -TR TCTC Q= 22QP=-ÊËˆ¯20313PQ=- =-()=-= 45 0 5 45 0 5 4 45 2 43 $TR PQ Q Q Q Q== - =-() 45 0 5 45 0 5 2 ddQ226 4 15 24 15 9 0p=-()+=-+=-<, for a local minimumUnconstrained ... $10 and Q* = 1 25 isc. Figure 8.3 diagrams the answers to parts a and b.p*** *. *.,,.$.=-=-++()=()-+()+()[]=- =TR TCPQ Q Q100 5 0 0210 1 25 100 5 1 25 0 02 1 25 1 250 1 037 50 212...

Managerial economics theory and practice phần 6 pptx

... +()1212 21 12 50 0 5 0 25 50 0 5 0 25 100 0 25 . . .TC QTC Q112244==QPPQPP112221 50 05 0 25 50 05 0 25 =- +=- + 398 Market Structure: Duopoly and OligopolyOn the other hand, we can ... isMCdTCdQQ== +50 5.MRdTRdQQ== -50 4TR Q Q Q Q=-()= -50 2 50 22PQ= -50 2TR PQ=MR MC=TC Q Q=++2 25 5 0 25 2.QPD=- 25 0 5. Long-Run Monopolistically Competitive Equilibrium 369BC20$05QMCATCQ= 35/ 3–P/3MR 35 FIGURE ... 5 10 4 25 22P*. $.=-()= 25 0 251 0 2 25 25 0 5 1010-=+=.*QQQMCdTCdQQ==+10MRdTRdQQ==- 25 0 5. TR Q Q Q Q=-()=- 25 0 25 25 0 25 2 PQ=- 25 0 25. TR PQ=MR MC=Advertising in Monopolistically...

Managerial economics theory and practice phần 1 ppt

... Projects 50 6Capital Rationing 53 7The Cost of Capital 53 8Chapter Review 54 1Key Terms and Concepts 54 2Chapter Questions 54 4Chapter Exercises 54 6Selected Readings 54 913Introduction to Game Theory Games ... IntroductionContents1IntroductionWhat is Economics 1Opportunity Cost 3Macroeconomics Versus Microeconomics 3What is Managerial Economics 4Theories and Models 5 Descriptive Versus Prescriptive Managerial Economics 8Quantitive ... 152 Price Elasticity of Demand: Weakness of the Midpoint Formula 155 Reﬁnement of the Price Elasticity of Demand Formula: Point-priceElasticity of Demand 157 Relationship Between Arc-price and...

Managerial economics theory and practice phần 2 doc

... 0 5 1.,DQPD, 240 5= -QPD,120 2=-QQ Q QPPP PD=++=-()+-()+-()=-DDD,, ,123 50 25 50 25 50 25 150 75 104 the essentials of demand and supply2.00 150 0 75 1.00PQQD= 150 –75PFIGURE ... from 2 to 5 units of output?Solutiona. ÚMC(x)dx =Ú (50 x + 600)dxb. TC(x) = 25( 5)2+ 600 (5) + 4,000 = 6 25 + 3,000 + 4,000 = $7,624c. TC 5 2=Ú 5 2 (50 x + 600)dxCHAPTER REVIEWEconomic and business ... include corned beef and cabbage, tea and lemon,coffee and cream, peanut butter and jelly, tennis rackets and tennis balls,ski boots and skis, and kites and kite string.If goods X and Y are complements,...

Managerial economics theory and practice phần 3 pps

... Demand Theory TABLE 4.7 Selected Cross-Price Elasticities ofDemandDemand for Effect of price on eyButter Margarine 1 .53 Electricity Natural gas 0 .50 Coffee Tea 0. 15 Source: Nicholson, (19 95) , ... of the following demand terms and concepts. Illustrate diagrammatically a change in each.a. Quantity demandedb. Demandc. Market demand curve140 the essentials of demand and supplycombination ... 12210 23010020 50 ==--=--=-=-DDD .QPD=-127 50 150 Additional Topics in Demand Theory 2.302.1012 22PQ0BACQD=127 50 P⌬P⌬QDFIGURE 4.1 The linear demandcurve.b. From...

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Managerial economics theory and practice phần 4 ppsx

... ()=()= 25 2 2 25 2 50 05 05 1 Q =() ()= 25 1 1 25 05 05 Long-Run Production Function 221cost (AVC) curve from below at their minimum points. The relationbetween total, marginal, and average ... 4,900.008 7,290.00 5, 120.00 3,430.0016 6 ,56 1.00 4,096.00 2,401.0032 5, 904.90 3,276.80 1,680.7064 5, 314.41 2,621.44 1,176.49128 4,782.97 2,097. 15 823 .54 256 4,340.67 1,677.72 57 6.48tively. For ... 5 + 10K + 20L + KLc. Q = 50 0K0.7L0.1d. Q = K + L + 5LK 5. 4 Suppose that a ﬁrm’s production function has been estimated asQKL= 5 05 05 QKL= 10003 08 QKL= 2 55 Chapter Exercises 231“envelope”...

Managerial economics theory and practice phần 7 docx

... inelastic portion of the demand curve.P*....$.=--+ÊËˆ¯=-ÊËˆ¯=- 25 05 05 1 25 05 05 25 00P ATC*$.=+=--+ÊËˆ¯=--ÊËˆ¯=eepp1 25 5 51 25 5431 25 MC P=+ÊËˆ¯11epMR ... CC 50 5 30 2 10 6640 20 5 222SPCC=- 15 0 5. SPAA=-10 0 2.TC S=+10 6p* =()-()+()-() +()=-+ = 50 4 54 3 05 25 6 104 5 200 80 150 50 6 90 12422e2 05 20 5 10 5 2=-()ÊËˆ¯=-= ... and the price charged. Solving thedemand equation for P in each market yieldsTC Q Q=++ 150 5 0 5 2.QP22 50 0 25= QP11100=-p=- +()+()-()-()=- + + - - = ¥()6 40 4 20 5 5 4 2 5 6...

Managerial economics theory and practice phần 8 doc

... 4, 5, 6 $ 850 $6 95 $191.44 $886.44B 1, 3, 4, 5, 6 950 7 95 63.81 858 .81C 1, 2, 5, 6 900 6 65 127.63 792.63D 1, 2, 3, 5 1,000 6 75 0.00 6 75. 00E 1, 2, 3, 6 1,000 670 0.00 670.00F 1, 2, 3 950 54 0 ... 12.16.NPVCFAtntt=()=-=ÆS11 17168 56 3 64.$.NPVCFAtntt=()=- +()+()+()+()+()==ÆS1123 45 1 151 68 25 0007 0001 151 688 0001 151 689 0001 151 689 0001 151 68 5 0001 151 68 58 4 85 .$,$,.$,.$,.$,.$,.$.Methods ... Investment Projects 51 9+Ϫ123 45 tYTM = 0.08678910 11 12$100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100$1,000$100$92 .53 9 85. 73379.38373 .50 368. 058 63.017 58 .349 54 .027 50 .0 25 46.31942.88839.711397.114$1, 150 .720...

Managerial economics theory and practice phần 9 potx

... Evi-()[]{}=ÊËˆ¯-()[]==ÊËˆ¯-()[]+-()[]++-()[]{=ÊËˆ¯-()+-()+-()+-=ÆÂ2122212226222211161 35 2 35 3 35 4s 3 35 5 35 6 35 16 25 15 05 05 15 25 166 25 2 25 0 25 0 25 2 25 6 25 16222222222. ()[+-()+-()]=ÊËˆ¯-()+-()+-()+()+-()+-()[]=ÊËˆ¯+++++[]=ÊÊËˆ¯()=17 ... surplus Andrew’s surplus 50 Seller $100.00 $50 .00 $0.0049 Buyer $97 .50 $47 .50 $2 .50 48 Seller $97. 75 $47. 75 $2. 25 47 Buyer $ 95. 36 $ 45. 36 $4.6446 Seller $ 95. 83 $ 45. 83 $4.17ӇӇ Ӈ Ӈ Ӈ 5 Buyer4 ... DragonNarrow Medium WideNarrow( 150 , 150 ) (200, 250 ) ( 250 , 350 )Red PonyMedium( 250 , 1 25) (1 75, 200) (270, 2 45) Wide( 350 , 250 ) ( 150 , 2 75) (200, 300)Payoffs: (Red Pony, Blue Dragon)FIGURE...

Managerial economics theory and practice phần 10 pot

... 50 3 916 1 25 $,.Area GHE =-()-()=()()=12320 8 250 396 307 50 1270 8 88 5 3 132 90 $,.Area FGE =-()-()=12338 50 320 80 396 307 50 783 2 25 .$.Q = 307 50 .4 0 8 250 +=. QMC ... $1,000 and a standard deviation of sX= $50 0. Suppose, also, that projectY has an expected value mY= $1 ,50 0 and a standard deviation of sY= $ 750 .Which is the relatively riskier project?14 .5 ... 19 95) , Chapter 3.0 TailsHeadsA (0, 2000)B (50 0, 150 0)C (1000, 1000)D (2000, 0)1,0001,0001 ,50 0 50 0FIGURE 14.21 Fair-odds line fordifferent states of nature.Suppose, on the other hand,...

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